No deficit of tenge bills in Kazakhstan: Kelimbetov
Governor of the National Bank of Kazakhstan Kairat Kelimbetov denies rumors about shortages of tenge bills in Kazakhstan.
Eurasian Union to stabilize Tenge: Kazakh minister Idrissov
The new Treaty establishing the Eurasian Economic Union raises concerns about stability of Kazakhstan's national currency, the tenge, among the representatives of foreign diplomatic missions in Astana.
Central Bank Governor on possible second wave of currency devaluation
Last week following a slight change in the tenge exchange rate against the US Dollar Kazakhstan’s citizens started to massively purchase US Dollars.
Kazakhstan's economy benefits from devaluation: Kelimbetov
National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.
Kazakhstan 1000 tenge banknote named best in the world
Kazakhstan banknote of 1000 tenge has been acknowledged The Banknote of the Year by the International Banknote Society (IBNS).
Almaty commuters pay broken keys for bus fare
Cunning commuters would use anything but money to pay for a bus fare in Almaty.
Kazakhstan Government increases reserve fund by $250 million after tenge devaluation
Amid adjustments of microeconomic indicators for the year 2014 the Kazakhstan Government has revised its budget.
BTA suspends lending operations in the wake of 20% currency devaluation
According to the Bank, suspension of consumer lending and mortgage program is a temporary measure.
$4 billion worth of food imported in Kazakhstan in 2013
Kazakhstan imported $4 billion worth of food products last year.
National Fund should provide $5.4 billion to compensate tenge devaluation in Kazakhstan: KazPotrebNadzor
The National Fund of Kazakhstan should provide $5.4 billion to support the Kazakhstan economy amid the tenge devaluation: KazPotrebNadzor
Kazakhmys to increase wages of its workers
Kazakhmys Plc has announced a wages raise for its industrial personnel.
Almaty budget overhaul: Yesimov
The Akim (Mayor) of Almaty Akhmetzhan Yesimov talked about overhauling the city budget due to devaluation of tenge.
Kaspi Bank on $500 000 reward offered to help identify instigators of false SMS campaign
Vyacheslav Kim, Chairman of the Board, has refuted the rumor that the announced amount would be paid to the country’s General Prosecutor’s Office.
Kaspi Bank depositors withdraw $212 million in a bank run
The withdrawal amount stands at 10% of the deposit: Bank’s CEO Michael Lomtadze.
Senator asking Central Bank Governor to raise interest rate on tenge-denominated deposits
Through the decision to raise the interest rate you could rehabilitate yourself at least a bit. The people believed you and you ditched them: Senator Svetlana Dzhalmagambetov.
Central Bank Governor refutes rumors of banks bankruptcies
Misleading wave of sms in the country resulted in deposit run.
Three large-scaled banks claim there is an information campaign against them
Kaspi bank today has announced a reward of $500 000 “for those able to spot the initiators of the misleading SMS campaign”.
35 people fined after anti-devaluation protests in Almaty
35 people were arrested during 2 days of protests in Almaty city. All of them got fined, except for one man who will spend 10 days in jail.
Anti-devaluation protest in Almaty
Initially around 50 people gathered in front of the Republic Palace in Almaty. As time went by the number was nearing 200 people.
Possible inflation risks: National Bank
In view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
